2024 Standard Deduction For Seniors Over 65 In India. For example, a single taxpayer who is age 65 and blind would be entitled to a basic standard deduction and an additional standard deduction equal to the sum of the additional amounts for both age and blindness. All senior citizens are eligible for this deduction, regardless of their actual expenses.
The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse). Income tax deduction and limits under section 80c, 80ccd in 2024
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